Registration No. 200301030845 (633265-K) - 67 - 4. Property, Plant and Equipment (Cont’d) (a) Assets pledged as securities to financial institutions The carrying amounts of property, plant and equipment of the Group and of the Company pledged as securities for bank borrowings as disclosed in Note 23 are: 2022 2021 2022 2021 RM RM RM RM Freehold land 12,063,260 12,063,260 11,713,260 11,713,260 Buildings 9,550,886 9,864,285 7,158,099 7,440,164 Leasehold properties and industrial land 1,883,125 1,884,498 - - 23,497,271 23,812,043 18,871,359 19,153,424 Company Group As at 31 December 2022, the remaining lease period of the leasehold properties and industrial land of the Group and of the Company are 51 years and 83 years, which are expired on 2073 and 2105 respectively. (b) The aggregate costs for the property, plant and equipment of the Group and of the Company acquired under cash payments. 145 ANNUAL REPORT 2022 DESTINI BERHAD
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